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Stocks making the biggest moves midday: Tesla, Chegg, Avis and more
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Check out the companies making headlines in midday trading.
Avis Budget — Shares of the rental car company jumped nearly 100% after Avis Budget reported a huge earnings beat for the third quarter. The stock had abnormally short interest before the earnings report, which appears to have caused a squeeze as hedge funds try to cover their bets against the stock.
Chegg — Shares of the education technology company plunged 46% after the company delivered disappointing sales guidance,
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